USDC circulation increased by approximately 1.4 billion in the past 7 days
PANews reported on November 23 that according to official data, in the 7 days ending November 21, Circle issued about 3.7 billion USDC, redeemed about 2.2 billion USDC, and the circulation increased by about 1.4 billion. The total circulation of USDC is 38.1 billion, and the reserve is about 38.3 billion US dollars, of which about 5.8 billion US dollars is in cash, and the Circle Reserve Fund holds about 32.5 billion US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether has stopped issuing EURT due to the European regulatory environment
Mixed signals from the US job market, data shows companies have not made significant layoffs